Tether authorized $1 billion in USDT on the Tron blockchain as inventory.
The move was made a day after Bitcoin hit a new all-time high, potentially in preparation for increased market demand and liquidity boosts.
This action positions Tether for potential liquidity increases and responsiveness to market demands, indicated by the issuance of new USDT tokens.
The timing of this move indicates readiness for a surge in capital inflow into the cryptocurrency market, with historical correlations between USDT issuances and market activity.